这一估值取决于能否完成一项复杂重组以取消其非营利性董事会的控制权，并取消对投资者投资回报的上限。目前尚未披露何时完成转换的具体时间表。Sources said that OpenAI's revenue is expected to soar from 3.7 billion dollars in 2024 to 11.6 billion dollars next year. If OpenAI achieves its revenue target, Thrive Capital may invest another 1 billion dollars at the same valuation next year.
The Zhitong Finance App learned that according to people familiar with the matter, in OpenAI's current round of 6.5 billion dollars, Thrive Capital has invested more than 1 billion US dollars and received a right that other investors cannot obtain: if OpenAI achieves its revenue target, it may invest another 1 billion US dollars at the same valuation next year. Sources said that OpenAI's revenue is expected to soar from 3.7 billion US dollars in 2024 to 11.6 billion US dollars next year, and this year's loss is expected to reach 5 billion US dollars, mainly due to possible changes in computing power expenses.
Currently, this round of financing will be carried out in the form of convertible bonds. It is expected that it will end next week, and OpenAI's valuation may reach 150 billion dollars, strengthening its position as one of the most valuable private companies in the world.
This valuation depends on completing a complex restructuring to remove control of its non-profit board of directors and lift the cap on investors' return on investment. A specific timeline for when the conversion will be completed has not yet been disclosed.
Thrive Capital also led OpenAI's last round of funding, and this time it will provide $1.2 billion through its own funds and a special purpose vehicle for small investors. Other investors in this round of financing include Microsoft (MSFT.US), Apple (AAPL.US), Nvidia (NVDA.US), and Khosla Ventures (Khosla Ventures).
Others have no options for future investments at current prices, sources said. OpenAI's valuation has soared rapidly. If this trend continues, Thrive will increase its OpenAI shares at a discount next year.
Currently, foreign media are unable to determine revenue targets related to Thrive Options. The company was founded by Joshua Kushner (Joshua Kushner). Thrive and OpenAI declined to comment.
OpenAI's revenue forecast far exceeds the 1 billion dollar forecast of its CEO Sam Altman (Sam Altman). Its main source of revenue is selling services to businesses and subscribing to its chatbot. Its flagship product, ChatGPT, is expected to generate $2.7 billion in revenue this year, compared to $0.7 billion in 2023. The chatbot service costs $20 per month and has around 10 million paying users.
